Strike by construction labor union is hurting economic growth

PANAMA - In Brief 16 May 2018 by Marco Fernandez

Workers of the powerful construction union (SUNTRACS) and the private sector Panamanian Chamber of Construction (CAPAC) are negotiating a four-year wage raise. After 28 days of strike, SUNTRACS recently announced that they will not accept the arbitrage procedure requested by CAPAC (and urged by President Varela), which means that the strike will continue. About half of the construction workers in the sector are affiliated to SUNTRACS, a left-leaning political movement also with aspirations for a presidential victory in the May 2019 elections. In the past, both parties submitted their wage r...

Now read on...

Register to sample a report

Register